Enhancing India CARIFORUM Economic Relations and Prospects for Cooperation

CONTENTS

Page No.

List of Tables

ix

List of Figures

xi

Executive Summary

1

1.

Macroeconomic Overview of the CARIFORUM Region

8

2.

International Trade Scenario of CARIFORUM Countries

12

3.

India’s Trade Relations with the CARIFORUM Countries

25

4.

Investment Scenario in the CARIFORUM Countries

33

5. Investment Framework in Select CARIFORUM Countries

40

6.

Investment Opportunities in the Caribbean

57

7. Activities of Export Import Bank of India in Latin America and Caribbean Region

63

8.

Key Observations and Recommendations

71

Project Team: From Export-Import Bank of India Mr. David Sinate, Chief General Manager Dr. Viswanath Jandhyala, Assistant General Manager Mr. Akshay Dutta, Deputy Manager From Caribbean Export Dr. Damie Sinanan, Manager, Competitiveness and Export Promotion Ms. Suzette Hudson, Senior Advisor, Investment Promotion Mr. Dario Carrington, Intern

Enhancing India-CARIFORUM Economic Relations and Prospects for Cooperation

vii